China ITS (Holdings) Balance Sheet Health
Financial Health criteria checks 5/6
China ITS (Holdings) has a total shareholder equity of CN¥2.0B and total debt of CN¥285.2M, which brings its debt-to-equity ratio to 14.2%. Its total assets and total liabilities are CN¥3.0B and CN¥964.3M respectively. China ITS (Holdings)'s EBIT is CN¥154.9M making its interest coverage ratio -20.3. It has cash and short-term investments of CN¥452.4M.
Key information
14.2%
Debt to equity ratio
CN¥285.18m
Debt
| Interest coverage ratio | -20.3x |
| Cash | CN¥452.42m |
| Equity | CN¥2.01b |
| Total liabilities | CN¥964.30m |
| Total assets | CN¥2.97b |
Recent financial health updates
These 4 Measures Indicate That China ITS (Holdings) (HKG:1900) Is Using Debt Safely
Oct 06
We Think China ITS (Holdings) (HKG:1900) Can Manage Its Debt With Ease
Sep 09Does China ITS (Holdings) (HKG:1900) Have A Healthy Balance Sheet?
Apr 05Recent updates
There's No Escaping China ITS (Holdings) Co., Ltd.'s (HKG:1900) Muted Earnings Despite A 34% Share Price Rise
Oct 07Weak Statutory Earnings May Not Tell The Whole Story For China ITS (Holdings) (HKG:1900)
Oct 03Investors Will Want China ITS (Holdings)'s (HKG:1900) Growth In ROCE To Persist
Sep 26China ITS (Holdings) Co., Ltd.'s (HKG:1900) Share Price Is Matching Sentiment Around Its Earnings
Aug 13China ITS (Holdings)'s (HKG:1900) Returns On Capital Are Heading Higher
May 27China ITS (Holdings) Co., Ltd.'s (HKG:1900) Price Is Right But Growth Is Lacking After Shares Rocket 27%
Apr 05The Market Doesn't Like What It Sees From China ITS (Holdings) Co., Ltd.'s (HKG:1900) Revenues Yet
Jan 24The Return Trends At China ITS (Holdings) (HKG:1900) Look Promising
Nov 29These 4 Measures Indicate That China ITS (Holdings) (HKG:1900) Is Using Debt Safely
Oct 06China ITS (Holdings)'s (HKG:1900) Returns On Capital Are Heading Higher
Aug 24China ITS (Holdings) (HKG:1900) Is Experiencing Growth In Returns On Capital
May 22China ITS (Holdings) (HKG:1900) Might Have The Makings Of A Multi-Bagger
Feb 01We Think China ITS (Holdings) (HKG:1900) Can Manage Its Debt With Ease
Sep 09Returns At China ITS (Holdings) (HKG:1900) Are On The Way Up
Jun 28China ITS (Holdings) (HKG:1900) Is Experiencing Growth In Returns On Capital
Mar 09China ITS (Holdings) (HKG:1900) Has Some Difficulty Using Its Capital Effectively
May 27Does China ITS (Holdings) (HKG:1900) Have A Healthy Balance Sheet?
Apr 05Update: China ITS (Holdings) (HKG:1900) Stock Gained 62% In The Last Year
Feb 11What Do The Returns At China ITS (Holdings) (HKG:1900) Mean Going Forward?
Dec 03Financial Position Analysis
Short Term Liabilities: 1900's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥964.3M).
Long Term Liabilities: 1900 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 1900 has more cash than its total debt.
Reducing Debt: 1900's debt to equity ratio has reduced from 38.8% to 14.2% over the past 5 years.
Debt Coverage: 1900's debt is not well covered by operating cash flow (18.2%).
Interest Coverage: 1900 earns more interest than it pays, so coverage of interest payments is not a concern.